Russia’s biggest carmaker, AvtoVAZ, will cut 7,500 jobs, about 11 percent of its workforce, in its fight to maintain profitability as economic stagnation hurts the domestic car market, CEO Bo Andersson, said.
Russia’s biggest carmaker, AvtoVAZ, will cut 7,500 jobs, about 11 percent of its workforce, in its fight to maintain profitability as economic stagnation hurts the domestic car market, CEO Bo Andersson, said.